Tag Archives: xrpusd

XRP/USD – XRP Trading At Highs Seen Only At 2017 Bubble Top Key Support Levels: $1.35, $1.25, $1.13. Key Resistance Levels: $1.51, $1.61, $1.70. XRP has been on an absolute rampage over the past week as it managed to surge by a huge 150% over the period. The cryptocurrency finally broke the $1 milestone level on Tuesday and exploded since then, as it currently trades above $1.4. Earlier today, the buyers continued to drive XRP higher as they reached $1.51 (1.618 Fib...

Despite overcoming its nemesis at $60,000 yesterday, bitcoin’s struggles with that particular benchmark level continue as the asset has dipped beneath it. Most altcoins have also retraced slightly, with the apparent exception of Ripple (XRP), which surged to a new 3-year high of $1.4 following more positive news in the ongoing legal battles with the SEC. Bitcoin Dips Below $60K Once Again After a three-week-long wait, bitcoin finally overcame $60,000 yesterday. Furthermore,...

The blockchain-based payment processor has registered another win in its ongoing legal battle against the US Securities and Exchange Commission. The Judge ruled in favor of Ripple by dismissing SEC’s request to access Ripple executives’ personal bank records.  CryptoPotato reported in early March when the SEC sent subpoenas to six banks requesting personal financial information for Ripple’s CEO Brad Garlinghouse and the co-founder Christian Larsen.   The duo objected and...

After failing to overcome its round-numbered nemesis of $60,000 for weeks, bitcoin has finally broken above it. Most alternative coins are also well in the green, with ETH and BNB surging to new ATH records at just shy of $2,200 and $485, respectively. Bitcoin Skyrockets Above $60K Bitcoin was unable to continue north following its all-time high in mid-March at $61,800. Just the opposite, the cryptocurrency reversed its trajectory and a few weeks later even threatened to dump...

Bitcoin Bitcoin moved sideways over the last week of trading as it sits at $58,500. At the start of the week, the cryptocurrency made multiple attempts to break the $60,000 level but failed on each attempt. It then went on to establish support at $57,000. However, this support was penetrated on Wednesday as BTC plummeted as low as $55,440. Luckily, the buyers regrouped at this low and managed to allow BTC to rebound above $58,000 yesterday. Today, BTC continued higher to...

XRP/USD – Bulls Break $1 For First Time Since March 2018 Key Support Levels: $0.9, $0.828, $0.75.Key Resistance Levels: $1.00, $1.10, $1.14. XRP saw impressive growth over the past few days as it broke above $1 for the first time since March 2018 after a 65% weekly surge. The cryptocurrency penetrated above an ascending bullish wedge at the start of the week and exploded higher on Monday to reach $0.8. The buyers continued and reached as high as $1.14. More specifically, they...

The cryptocurrency market is on fire. The market capitalization has surged past $2 trillion for the first time in its history. Interestingly enough, this was led mostly by alternative coins, or altcoins, surging in value. Bitcoin, on the other hand, failed to break above $60K on multiple occasions over the past month, giving serious merits to the notion that altcoin season 2021 is brewing. In January this year, CryptoPotato reported that Secrets of Crypto, which is one of the...

Despite the ongoing legal battle with the Securities and Exchange Commission and today’s hearing, Ripple’s native digital asset has exploded in value in the past few days. XRP is more than 70% up in a week, and its price tapped $1 for the first time since mid-2018.  CryptoPotato reported in late 2020 that the SEC has alleged the blockchain-based payment processor of conducting a $1.3 billion unregistered securities offering.  Although Ripple’s executives claimed on numerous...

XRP/USD – Buyers Push Above March Highs Key Support Levels: $0.659, $0.609, $0.556.Key Resistance Levels: $0.75, $0.773, $0.8. XRP is now up by a total of around 30% over the past week as it pushed higher from $0.55 (2019 highs) to break above $0.6 and reach the current resistance at $0.70. The cryptocurrency was trading inside a bullish wedge pattern during March but managed to close a daily candle toward the upside yesterday. Since breaking above, XRP surged higher to break...

Another unsuccessful attempt to overcome $60,000 has resulted in a $3,500 price drop for bitcoin. Most altcoins have also followed along south, and the entire market cap has lost more than $60 billion in a day. Bitcoin Dipped to $56,500 after Another Rejection As previously reported by CryptoPotato, bitcoin was flirting with the coveted $60,000 price line for several consecutive days. However, every attempt to reconquer it was met with immediate rejection. The situation...